Finance Head

Job Description: Head – Finance

Role Summary

The Head – Finance will be responsible for leading the entire finance function, including financial strategy, planning & analysis, accounting, taxation, compliance, treasury, and commercial operations. The role requires a strong business partner mindset to drive profitability, optimize costs, ensure regulatory compliance, and support strategic decision-making at the organizational level.

Key Responsibilities

1. Business Partnership

• Drive financial strategy aligned with organizational goals and growth plans
• Partner with the leadership team to support business expansion, new initiatives, and profitability improvement
• Provide actionable financial insights and recommendations to senior management
• Lead financial modelling, scenario planning, and decision support for strategic initiatives

2. Budgeting, Planning & Forecasting

• Lead annual business planning, budgeting, and rolling forecasts
• Establish robust budgetary control systems and monitor performance against budgets
• Conduct variance analysis and recommend corrective actions
• Develop branch-wise and company-wide profitability models

3. Financial Reporting & Analysis

• Oversee preparation and presentation of monthly, quarterly, and annual financial statements
• Analyze Profit & Loss, Balance Sheet, and Cash Flow statements
• Deliver branch-level and consolidated financial performance insights
• Ensure accuracy, timeliness, and transparency in financial reporting

4. Accounting & Compliance

• Supervise statutory, management, and internal accounting processes
• Ensure compliance with applicable accounting standards (Ind AS / IFRS where applicable)
• Ensure timely closure of books and audit readiness
• Oversee corporate secretarial matters and ensure adherence to regulatory frameworks

5. Taxation & Regulatory Compliance

• Ensure timely filing and compliance of direct and indirect taxes (GST, Income Tax, etc.)
• Manage tax planning and optimization strategies
• Liaise with tax authorities, consultants, and auditors
• Ensure compliance with SEBI regulations and listing requirements (if applicable)

6. Treasury & Working Capital Management

• Manage cash flow, liquidity, and working capital efficiently
• Optimize fund allocation
• Liaise with banks and financial institutions for fund-based and non-fund-based facilities
• Monitor receivables, payables, and cash management cycles

7. Internal Controls & Governance

• Design and implement strong internal control systems
• Ensure compliance with internal policies and audit recommendations
• Strengthen risk management practices
• Lead internal and external audit processes

8. Cost Management & Profitability Enhancement

• Drive cost optimization initiatives across functions
• Identify cost-saving and efficiency improvement opportunities
• Support pricing strategies and margin improvement initiatives

9. Capex, Investments & Business Evaluation

• Evaluate capital expenditure proposals and ROI analysis
• Conduct feasibility studies for new projects and business expansions
• Lead due diligence for mergers, acquisitions, and partnerships

10. Systems, Processes & Digital Transformation

• Lead finance automation and ERP implementation/upgradation initiatives
• Improve financial processes through technology
• Strengthen MIS and dashboard reporting for real-time decision-making

11. Leadership & Team Management

• Lead, mentor, and develop the finance and accounts team
• Build a high-performance, compliance-driven finance culture
• Conduct training and capability-building sessions for finance and non-finance teams

12. Stakeholder Management

• Liaise with auditors, bankers, investors, consultants, and regulatory authorities
• Support board meetings with financial insights and reports
• Ensure effective communication with internal and external stakeholders

13. Special Projects & Strategic Initiatives

• Lead cross-functional strategic projects across finance operations
• Drive transformation initiatives and expansion plans
• Support organizational growth initiatives

Qualifications & Experience

• CA / CFA / MBA (Finance) preferred
• 12–18 years of relevant experience in finance leadership roles
• Experience in healthcare / retail / multi-location businesses preferred
• Strong knowledge of taxation, compliance, and financial regulations

Key Skills

• Strategic thinking and strong business acumen
• Financial planning & analysis (FP&A) expertise
• Strong leadership and team management
• Stakeholder management and communication
• Proficiency in financial systems and analytical tools
• High integrity and governance mindset

Key Deliverables / KPIs

• Accuracy and timeliness of financial reporting
• Budget vs. actual performance and variance control
• Cash flow efficiency and working capital optimization
• Compliance and audit outcomes
• Cost savings and profitability improvement
• Strength of internal controls and governance